Trump Threatens 100% Tariff on Countries Taxing US Tech Firms

US President Donald Trump on Friday threatened a 100% tariff on imports from any country that imposes a digital services tax on American companies. A tariff is a tax on goods coming into a country. In a social media post, Trump targeted European nations that he said are discussing “imminent” plans to tax US digital firms. The president has repeatedly used tariffs to pressure other countries against such taxes. Many nations are seeking new revenue as their economies grow more dependent on digital services, which are often hard to tax under traditional rules.